ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) Short Interest Update

ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDLGet Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 169 shares, a decrease of 72.7% from the June 30th total of 619 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 2,890 shares, the short-interest ratio is currently 0.1 days.

ETRACS 2x Leveraged US Value Factor TR ETN Stock Performance

IWDL traded up $1.09 during midday trading on Friday, hitting $65.00. 267 shares of the company traded hands, compared to its average volume of 531. ETRACS 2x Leveraged US Value Factor TR ETN has a 52-week low of $40.50 and a 52-week high of $69.00. The business has a 50 day simple moving average of $62.13 and a two-hundred day simple moving average of $56.07.

ETRACS 2x Leveraged US Value Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.

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